ASX-listed AWE, the operator of onshore permits in the northern Perth basin of Western Australia, on Friday announced a “major” upgrade of 2P reserves and updated 2C contingent resource estimates for the Waitsia gas field.
The company reported that Waitsia’s gross 2P reserves had increased by 93% to 344-billion cubic feet of gas, of which AWE’s share amounted to 172-billion cubic feet.
